The mini-lockdown is raising concerns that the city’s reopening is backsliding, and confirms China’s zero-COVID approach is here to stay. ( read original story ...)
What next for China’s zero-Covid policy after Shanghai lockdown?
Subtle changes have been introduced to prevent widespread closures but the reliance on PCR testing has huge costs. ( read original story ...)
Shanghai Banks Buy Local Gov’t, Small Business Bonds to Support Economic Recovery
Commercial banks in Shanghai have been hiking investment in and underwriting of bonds to help local governments and small firms raise money, playing a vital role in the economic recovery after the ... ( read original story ...)
Beijing’s Drive for Looser Lending Raises Fears of Bank Margin Squeeze
Beijing's mandate to aid virus-hit sectors has left China's banking sector lagging behind a broader market rally as the economy reopens, with investors fearful a cash splash by lenders will increase ... ( read original story ...)
CX Daily: Why Newly Listed Chinese Stocks Fall Below Their IPO Prices
Why newly listed Chinese stocks fall below their IPO prices. Investing in Chinese IPOs was once hailed as the safest of safe bets, with guaranteed huge ret ... ( read original story ...)
DIDI Stock Surges 65% as China’s Probe Into DiDi Winds Down
Prior to today, DIDI stock had declined 85% since its initial public offering (IPO) last summer to trade at $1.85 ... particularly in financial and manufacturing centers such as Shanghai. Government ... ( read original story ...)
A cluster of 3 towering skyscrapers, each taller than 1,300 feet, forms a distinctive peak above Shanghai’s financial district — check it out
The three buildings are Shanghai Tower, Shanghai World Financial Center, and Jin Mao Tower, architect Stefan Al wrote in his new book, "Supertall." ... ( read original story ...)